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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (35062)	6/16/2003 4:54:31 AM
From: Seeker of Truth	Read Replies (1) \| Respond to of 74559

Hello Jay, About Japan. I'm always astonished when somebody thinks it's time to dip into Japanese stocks. Every time I go there the outlook looks worse. The birth rate continually drops, the public deficit continually rises rapidly, the education system doesn't show a bit of reform, the gangsters in power are the same old gangsters, and I'm not just using some epithet to show my dislike for them.The people remain docile. The unhappiness is concentrated on the most docile segment of all, the old people. Transparency in financial reports remains a dream. As for Canada the good side is that the savings rate remains high and the federal government is not running a deficit. The negative side is that the Canadian economy is locked to that of the U.S. Except for the REITS and the oil/gas trusts the Canadian market is also not doing well. Unemployment in Canada has started to increase, for the first time in many years. It used to be that when the US caught a cold, Canada got pneumonia. Now I suspect that the US will get pneumonia and Canada will also catch it.